BSEDhanlaxmi Cotex Ltd· Commercial Services & SuppliesHighNegative
Announced Mon, 9 Feb, 2026 · 15:20 IST

In terms of Regulation 30 of SEBI (LODR), Regulations 2016, this is to inform that Mrs. Payal Ankur Bankda (PAN: AJTPJ9771A) has tendered her resignation from the post of Chief Financial ....

Cfo ResignedManagement Changes View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-5.0%Next day
₹104.22
prior close
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announcement price
In-mkt
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Nifty Microcap 250market · in no size index; the smallest one is used+3.6%-8.6% vs market
Trading & Distributors peers, median of 130sector+0.5%-5.5% vs sector

By the next day the stock moved 8.6 pts less than Nifty Microcap 250 and 5.5 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Dhanlaxmi Cotex Ltd has informed the BSE that Mrs. Payal Ankur Bankda (PAN: AJTPJ9771A) has resigned from the post of Chief Financial Officer (CFO) of the company, effective from the close of business hours on 9th February 2026. She cited personal reasons for her departure and confirmed there are no other material reasons behind her resignation. The company has not yet announced a replacement CFO. The intimation has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements, 2015, and was signed by Mahesh S. Jhawar, the Managing Director.

Likely market impact

The sudden exit of the CFO without an immediate replacement could raise short-term governance concerns among investors. Markets typically react cautiously to key managerial exits in small-cap companies, so the stock may see minor volatility until a new CFO is appointed.